Clients are looking to a post-lockdown world where they want to spend money freely again and draw a good income from their portfolios.
But, with a 30 to 50 percent reduction in the dividends on offer and the markets set to remain volatile, this poses a challenge for advisers, new research has pointed out.
Until recently, the issue of dividend payments and income had been less of a concern, as is many cases people simply weren’t spending as much money under lockdown as opportunities for travel and socialising diminished.
Steve Hunter, head of business development at Seneca Investment Managers, explained: “I...